Bloomberg analyst: Bitcoin ETF still generates strong net positive traffic during crypto market pullback
2024-07-02 12:34:01
Bloomberg ETF senior analyst Eric Balchunas wrote on the X platform that he found that the Bitcoin ETF achieved net positive flow in a single day, a single week, and a single month. He originally thought that the situation would be earlier during the market decline, but during this period, the year-to-date net flow has stabilized at + 14.60 billion, which is a good sign. The Bitcoin ETF remains strong in the "down" stage.
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